2023-11-14T14:42:43-06:00 2022-12-31 204909532 JEFF BROWN PC PO BOX 357 LAFAYETTE CA 94549 990 2022-01-01 833952884 BULGARIA INNOVATION HUB INC BULG 6505763951 639 LAIRD LN LAFAYETTE CA 94549 PAVLINA YANAKIEVA EXECUTIVE DIRECTOR 6505763951 2023-11-14 1 PAVLINA YANAKIEVA XXX-XX-XXXX 0 JEFFREY A BROWN P00557838 9252861200 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PAVLINA YANAKIEVA 639 LAIRD LN LAFAYETTE CA 94549 150662 0 X WWW.BGHUB.IO X 2019 CA DRIVING INNOVATION, GROWTH AND HUMAN DEVELOPMENT THROUGH KNOWLEDGE EXCHANGE AND CROSS-CULTURAL COLLABORATION 4 3 1 45 0 0 248668 115936 71000 34726 0 0 0 0 319668 150662 0 0 0 0 161316 210115 0 0 0 36872 77601 198188 287716 121480 -137054 181647 44474 59000 58883 122647 -14409 X BULGARIA INNOVATION HUB'S MISSION IS TO FOSTER KNOWLEDGE EXCHANGE AND STIMULATE CROSS-CULTURAL COLLABORATION BETWEEN THE ENTREPRENEURIAL COMMUNITIES IN BULGARIA AND THE US. WE PROVIDE EDUCATIONAL PROGRAMS TO ENTREPRENEURS IN BULGARIA AND THE SOUTH EASTERN EUROPEAN REGION IN ORDER TO INCREASE SOCIAL AND ECONOMIC IMPACT, DRIVE INNOVATION, GROWTH AND HUMAN DEVELOPMENT. 0 0 134239 34726 COMPLETED TWO ACCELERATOR PROGRAMS ONE VIRTUAL AND ONE HYBRID (VIA ZOOM AND IN PERSON IN SAN FRANCISCO) THAT PROVIDED ENTREPRENEURIAL AND BUSINESS EDUCATION TO 10 COMPANIES AND MORE THAN 40 ENTREPRENEURS.CONTRIBUTED TOWARDS THE CREATION OF ADDITIONAL 300 NEW JOBS IN BULGARIA, SOUTH EASTERN EUROPE AND THE US COMBINED EXPANDED THE GLOBAL MENTOR NETWORK BY RECRUITING MORE THAN 45 NEW MENTORS TO THE PROGRAM WITH EXTENSIVE ENTREPRENEURIAL AND DOMAIN EXPERTISE. HOSTED EDUCATIONAL AND NETWORKING EVENTS IN BULGARIA AND THE US THAT FOSTERED KNOWLEDGE EXCHANGE AND STRENGTHENED CROSS CULTURAL COLLABORATION BETWEEN THE US AND SOUTH EASTERN EUROPEAN ENTREPRENEURAL ECOSYSTEMS. 134239 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 1 1 0 CA X PAVLINA YANAKIEVA 6505763951 639 LAIRD LANE LAFAYETTE CA 94549 PAVLINA YANAKIEVA EXECUTIVE DIRECTOR 40.00 X X 172466 0 25820 BOGOMIL BALKANSKY PRESIDENT & DIRECTOR 3.00 X X 0 0 0 VASSIL TERZIEV SECRETARY & DIRECTOR 3.00 X X 0 0 0 IVAN DIMOV TREASURER & DIRECTOR 3.00 X X 0 0 0 172466 0 25820 1 0 1 0 0 115936 115936 SERVICE REVENUE 611430 34726 34726 34726 150662 34726 0 0 172464 86232 86232 25820 12910 12910 11831 11831 4810 4810 6310 6310 4283 4283 1645 1645 22175 22175 14441 14441 4670 4670 PROGRAM SERVICES 10514 10514 PAYROLL FEES 3896 3896 APPLICATION SUBSCRIPTIO 2408 2408 TAXES AND LICENSES 1376 1376 1073 1073 287716 134239 153477 0 181647 44474 181647 44474 59000 58883 59000 58883 X 122647 -14409 122647 -14409 181647 44474 X -137054 -2 X 0 0 0 X 140150 50000 248633 115936 554719 67975 71000 34726 173701 140150 117975 319633 150662 728420 83650 5000 15000 103650 41500 50000 53166 47419 192085 125150 55000 53166 62419 295735 432685 140150 117975 319633 150662 728420 X SCHEDULE A, PART B, LINE 14 THE ORGANIZATION WAS FORMED IN FEBRUARY 2019 AND FOR THIS REASON IT FILED A SHORT YEAR TAX RETURN FOR 2019. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SBA LOAN PAYABLE 58883 58883 X X X 0 0 0 0 0 0 0 0 0 PAVLINA YANAKIEVA EXECUTIVE DIRECTOR 172466 0 0 0 0 0 0 0 25820 0 198286 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PROCESS IS A DRAFT OF THE TAX RETURN IS PREPARED AND REVIEWED BY THE EXECUTIVE DIRECTOR, CORPORATE ATTORNEY AND TAX PREPARER. THE TAX RETURNS ARE THEN PROVIDED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12 ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO COMPLETE A CONFLICT-OF-INTEREST DISCLOSURE FORM AT THE BEGINNING OF EACH TERM. FORM 990, PART VI, SECTION B, LINE 15 DURING THE ANNUAL REVIEW OF THE EXECUTIVE DIRECTOR PERFORMANCE, THE TREASURER CONSIDERS COMPENSATIONFROM FROM OTHER NON-PROFIT ORGANIZATIONS, INDEPENDENT RESEARCH FROM CORPORATE ATTORNEY OFFICE AND RECOMMENDS THE ANNUAL SALARY AND BENEFITS TO THE BOARD. THE BOARD THEN REVIEWS THE TREASURERS RECOMMENDATIONS AND MAKES ITS DECISION. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION PROVIDES COMPLETE COPIES OF THE FORMS UPON REQUEST. FORM 990, PART XI, LINE 9: ROUNDING -2.